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Petro -Canada Resources (USA) Inc.
Suite 600, 999 18th Street
Denver, CO 80202-1904
Telephone: (303) 297-2100
Facsimile: (303)297-7708
February 4, 2009
Board of Weld County Commissioners
915 le Street
Greeley, Colorado 80632
Re: Oil and Gas Lease Assignments
Weld County, Colorado
Petro -Canada Resources (USA) Inc. ("PCR") hereby requests approval of the Oil and Gas Lease Assignments
noted in the attached Assignment and Conveyance dated January 27, 2009 between Transcontinent Oil
Company and PCR.
Thank you for your consideration of this request. Please evidence your consent and approval by signing below
and returning a copy of this letter to the letterhead address. Please let me know if you have any questions.
Sincerely,
RyatCf. Antonio, Landman
Petro -Canada Resources (USA) Inc.
Consent and Approval granted this 18thday of February , 2009
Board of Cortnt9/Commissioners, Weld County, Colorado
Wti
By: William F. Garcia
Title: Chair
FEB 1 8 2009
2009-0456
LEo:2S3
1111111 1111 111111 IIIIII009 11iii IIII 1111111 MEIN IIII
ty, CO
1 of 5 828R 26000 D 0.00 Steve Moreno :29P Weld Clerk & Recorder
0
ASSIGNMENT AND CONVEYANCE
FOR GOOD AND VALUABLE CONSIDERATION, the receipt and sufficiency of which are
hereby acknowledged Transcontinent Oil Company, whose address is 621 17th Street, Suite 1555
Denver, Colorado 80293 ("Assignor"), does hereby grant, bargain, sell and convey unto Petro -Canada
Resources (USA) Inc., a Colorado Corporation, whose address is 999 18th Street. Suite 600 Denver
Colorado 80202 ("Assignee"), all of its right, title and interest in and to the oil and gas leases described
on Exhibit "A" attached hereto (the "Leases") together with all the property and rights appurtenant or
incident thereto, including, without limitation, (a) the rights of Assignor in oil, gas and associated
substances and other minerals produced or producible from or attributable to the Leases or to any units,
pooled areas or communitized areas that cover or include all or any portion of the Leases, and (b) the
rights of Assignor in, to and under all operating agreements, exploration agreements, surface damage
agreements, pooling or unitization agreements, farmout agreement, product purchase and sale contracts,
pipeline and transportation agreements, processing and treatment agreements, leases, permits, rights -of -
way, easements, licenses, options, orders, contracts, and instruments in any way relating to the Leases.
TO HAVE AND TO HOLD the Leases unto Assignee, its successors and assigns forever.
By its acceptance hereof, and effective the date of this Assignment and Conveyance, Assignee
agrees to comply with all of the terms and conditions of the Leases. Assignee agrees to protect,
indemnify and hold Assignor harmless from and against any and all cost, risk or expense relating directly
or indirectly to Assignee or its agents, subcontractors, representatives, successors and assigns, non-
compliance with the terms and conditions of the Leases.
This Assignment and Conveyance may be executed in any number of counterparts, which taken
together shall constitute one instrument and each of which shall be considered an original.
Assignor hereby agrees to warrant and defend title to the Leases against any person or entity
claiming or to claim the same by, through and under Assignor, but not otherwise.
Executed and effective this 27th day of January, 2009
Assignor:
TRANSCONTINENT OIL COMPANY
By:
Name: Brian - . ey, President
Assignee:
PETRO-CA
1
By:
Name: Dennis Gustafson, Mana er of Land
(USA) INC.
MEN 111111111111IIIIIIII1111111III MUM
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3601828 01/2812009 01:29P Weld County, CO
2 of 5 R 26.00 D 0.00 Steve Moreno Clerk 6 Recorder
STATE OF COLORADO § (CORPORATE ACKNOWLEDGMENT)
§
COUNTY OF DENVER §
The foregoing instrument was acknowledged before me this?, r day of
3ey,r,t,t,A,1l4 iteciby Brian Haley, President of Transcontinent Oil Company, a Colorado
Corporation on behalf of the company.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the day and
year last above written.
My Commission Expires:
(o a 3 • o`,
(seal)
STATE OF COLORADO
COUNTY OF DENVER
2C -E
Notary Public: T' .,vV.[_ ek. ti-fO
Address: e S S. entiAser,
wvcommits E wale23.tong D€4AUII, CO edo205
§ (CORPORATE ACKNOWLEDGMENT)
§
The foregoing instrument was acknowledged before me this d71`day of
Pe-) , $j , by Dennis Gustafson, Manager of Land for Petro -Canada Resources
(USA) Inc., a Colorado Corporation on behalf of the company.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my notarial seal the day and
year last above written.
My Commission Expires:
I —IC 2. Oil
(seal)
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Notary Public:
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3601828 01/28/2009 01:29P Weld County, CO
6 of 5 R 26,00 O 0.00 Steve Moreno Clerk & Recorder
Pn
Petro -Canada Resources (USA) Inc.
Suite 600, 999 18th Street
Denver, CO 80202-1904
Telephone: (303) 297-2100
Facsimile: (303) 297-7708
February 6, 2009
Board of Weld County Commissioners
Attn: Esther Giesick
915 10th Street
Greeley, Colorado 80632
Re: Oil and Gas Lease Assignment Fee
Weld County, Colorado
WEI COUNTY
GUMM SS;ONERS
NB FEB -q A 10: 10
e' L.
Enclosed is a check in the amount of $425.00 for the assignment of 17 leases Transcontinent Oil Company to
Petro -Canada Resources (USA) Inc. Please let me know if you have any questions.
Sincerely,
R n D. Antonio, Landman
Petro -Canada Resources (USA) Inc.
PETRO-CANADA RESOURCES (USA) INC.
999 18th Street, Suite 600
Denver, Colorado 80202
(303) 297-2300
VENDOR NO. VENDOR NAME
100780 WELD COUNTY BOARD OF COMMISSIONERS
VOUCHER VENDOR INV Ik INV DATE
It
CHECK DALE CHECK NO.
II Feb -05-2009 111 51087
Page 1 of 1
CHECK 101 At.
$425.00
TOTAL PRIOR PMTS NET
AMOUNT & DISCOUNTS AMOUNT
02 -AP -33 020209 02/02/09 425.00 0.00
FEE -ASSIGNMENT OF OIL & GAS LEASES -GREATER GROVER LEASING
TOTAL INVOICES PAID
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RECEI P[£q DATE�2-9-2 �NO 190628
RECEIVED FROM -"/knack I�oosJ Aran (LLB)
ADDRESS
y'inur MANIA Od .11110 t« ie
FOR VVV
tY °°11O
ACCOUNT HOW PAID
AMT. OF
ACCOUNT
CASHAMT.
PAID
CHECK
$ 44.79.5
a�
IS...
BALANCE
DUE
MONEY
ORDER
Steil
BY (OG:1 M E
V2001 REDIFCBH 8L808
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